no need for explaination

Question 18 (1 point) Which of the following is a reason managers use the accounting rate of return to evaluate potential investment projects? O because debt contracts require that a firm maintain certain ratios that are not affected by income and long-term asset levels because it serves as a screening measure to ensure that new investments do affect key financial ratios O because bonuses to managers may be based on accounting income and/or return on assets because it does not consider the time value of moneyQuestion 23 (1 point) Which formula is used to calculate the labour rate variance? (actual rate x actual hours) - (standard rate x standard hours) (standard rate x actual rate) - (actual rate x actual hours) (actual rate x standard hours) - (standard rate x actual hours) (actual rate x actual hours) - (standard rate x actual hours) Next Page Page 23 of 40Question 24 (1 point) Adjustments to the sales budget need to be made for which of the following items when going from the sales budget to the production budget? finished goods inventories cash receipts factory overhead costs selling expensesQuestion 25 (1 point) For which of the following organizations is having a production budget most important? retail stores manufacturing firms not-for-profit agencies local government agenciesQuestion 26 (1 point) What is the material price variance? O It is the difference between the actual and standard unit price of an input multiplied by the number of inputs used. O It is the difference between the actual and standard unit price of an output multiplied by the number of inputs used. C It is the difference between the actual and standard unit price of an input multiplied by the number of inputs purchased. O It is the difference between the actual and standard unit price of an output multiplied by the number of inputs purchased